NETHERLANDS - Robert Lobo, director of institutional sales at Fortis Netherlands, has left the company, Fortis has confirmed.

Lobo, 46, who stopped working for Fortis as of August 1, had been with the firm since 2002. He was involved in marketing currenecy overlay, global custody, investment accounting and performance measurement.

A Fortis spokeswoman declined to name Lobo's new employer. "It's up to the company to announce his appointment," she said.

A successor of Lobo hasn't been appointed yet, she indicated.

In June Fortis Investments appointed Alexander Van Aken to the new position as global head of liability driven investment.